Lithium Americas (Argentina) Corp. (NYSE:LAAC) Stake Increased by Tidal Investments LLC

Tidal Investments LLC boosted its stake in Lithium Americas (Argentina) Corp. (NYSE:LAAC) by 37.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 350,534 shares of the company’s stock after acquiring an additional 94,775 shares during the period. Tidal Investments LLC owned 0.22% of Lithium Americas (Argentina) worth $1,143,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in LAAC. Fairscale Capital LLC bought a new position in shares of Lithium Americas (Argentina) during the second quarter worth about $31,000. Fifth Third Bancorp lifted its holdings in Lithium Americas (Argentina) by 67.9% during the 2nd quarter. Fifth Third Bancorp now owns 9,895 shares of the company’s stock worth $32,000 after buying an additional 4,000 shares during the last quarter. Vanguard Personalized Indexing Management LLC acquired a new position in shares of Lithium Americas (Argentina) in the 2nd quarter worth approximately $36,000. Legacy Capital Group California Inc. bought a new stake in shares of Lithium Americas (Argentina) in the 3rd quarter valued at approximately $36,000. Finally, Sanctuary Advisors LLC acquired a new stake in shares of Lithium Americas (Argentina) during the 3rd quarter valued at approximately $40,000. 49.17% of the stock is owned by institutional investors and hedge funds.

Lithium Americas (Argentina) Price Performance

Lithium Americas (Argentina) stock opened at $2.75 on Friday. The company has a market cap of $445.30 million, a PE ratio of 0.35 and a beta of 1.31. Lithium Americas has a 12 month low of $2.07 and a 12 month high of $6.69. The company has a fifty day moving average price of $3.32 and a two-hundred day moving average price of $3.13.

About Lithium Americas (Argentina)

Lithium Americas (Argentina) Corp. operates as a resource company. The company explores for lithium deposits. The company owns interests in the Cauchari-Olaroz project located in Jujuy province of Argentina. It also has a pipeline of development and exploration stage projects, including the Pastos Grandes project and the Sal de la Puna project located in Salta Province in northwestern Argentina.